01Overview
Job Description: Senior auditor Control and Support Functions
Position Type: Full-Time
Department: Internal Audit
Location: Mumbai
Job Summary
The Senior Auditor provides independent, objective assurance on the effectiveness of the banks Finance functions. The role involves testing end-to-end controls for accounting entries, general ledger management, and statutory reporting.
Key Responsibilities
Audit Execution & Risk AssessmentLead and execute comprehensive internal audits of Finance and Procurement functions from planning to reporting, in accordance with auditing and accounting standards.Audit Inter-branch and Inter-bank account reconciliations, identifying and reporting unreconciled long-outstanding entries that may pose financial riskEvaluate the adequacy of the banks Risk Management Framework.Review the accuracy and timeliness of periodic returns submitted to the RBI, including CRR/SLR calculationsConduct audits to ensure adherence to regulatory requirements (e.g., RBI Regulations, Tranche I, II and II).Scrutinize Suspense Accounts and transit accounts for long-outstanding items,Identify control gaps and emerging risks within the control functions, providing actionable recommendations to enhance control effectiveness. Stakeholder Management & AdvisoryBuild and maintain strong relationships with senior management within the Business, Finance, IT, Risk and Compliance departments, acting as a trusted advisor.Review and report on the effectiveness of the Business Heads oversight. Reporting & Follow-upPrepare high-quality audit reports detailing findings, risks, and recommendations for the Audit Committee and Executive Management.Track and validate the remediation of audit findings by stakeholders to ensure timely closure Data Analytics & Process ImprovementUtilize data analytics tools (e.g., IDEA, ACL, Power BI) to perform continuous auditing and identify anomalous trends in risk management.Contribute to the continuous improvement of the Internal Audit methodology.
Qualifications
Education: CAExperience: 10+ years of experience in internal audit within the banking industry.Knowledge: Deep understanding of banking regulations and accounting standards.Skills: Exceptional analytical, communication, and report-writing skills.
